California Real Estate: What Business And Home Owners Need To Know
Key regulatory differences in California real estate for business owners and homeowners include, but are not limited to, the following:
For Businesses:
- California Environmental Quality Act (CEQA) : CEQAs can have lengthy and costly environmental review processes that pose a high risk of litigation without proper legal guidance. Zoning: California's "Home Rule" grants charter cities the authority to govern their own municipal affairs and control local matters free from the constraints of general state law. Commercial Lease Agreements: Landlord-tenant laws can sometimes favor the tenant, and careful contract review can be necessary to ensure a fair agreement. ADA (Americans with Disabilities Act) Compliance: California has strict accessibility laws that mean buildings must be ADA accessible, for example, wheelchair accessible. Property Taxes: California has a unique property tax landscape, which is not solely based on current market value reassessments.
For Homeowners:
- Natural Hazard Zones: California has a high risk of fires, earthquakes, and floods, and sellers must disclose and provide buffers for these specific property complexities. Home Owners Association (HOA): Buyers need to be aware that an HOA can mandate a vast number of rules, ranging from the paint color of your house to rental restrictions. Property Taxes: As mentioned above, California has a unique property tax landscape, which is not solely based on current market value reassessments. Disclosure Requirements: California typically requires a seller to reveal much more information about a property than most states, and it can be easy to leave out important information if you are not a legal professional.
"California's unique legal real estate framework can be challenging to navigate on your own without a thorough understanding of it prior, whether you are a business owner or a homeowner. Legal guidance can make all the difference between a smooth real estate transaction and a sea of costly legal hurdles," says Ken LaMance, LegalMatch's General Counsel.
Business owners and homeowners are urged to acquire legal direction and use online resources like LegalMatch , America's first attorney-client matching platform. Individuals can submit their case details to the confidential platform and get matched for free with an experienced real estate attorney who can guide them and represent them if necessary.
About
LegalMatch California is a California State Bar certified Lawyer Referral Service #0140 dedicated to improving the quality and affordability of legal services in all California counties. LegalMatch California is an innovative forum for lawyers and legal clients to meet. California attorneys interested in joining LegalMatch California must meet membership qualifications and carry malpractice insurance. LegalMatch California, like its parent organization remains free to consumers.
CONTACT: Media Contact Ken LaMance ... (415) 946-0856
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